Emerging economies must be vigilant over China slowdown: IMF

Last Updated: Tuesday, September 1, 2015, 20:29

The International Monetary Fund managing director Christine Lagarde Tuesday warned that greater resilience would be needed from the world's emerging economies to handle China's slowdown, warning the road ahead could be "somewhat bumpy".

IMF, World Bank to hold 2018 annual meetings in Bali

Last Updated: Tuesday, September 1, 2015, 18:58

The International Monetary Fund and the World Bank said Tuesday they would hold their 2018 annual meetings on the Indonesian island of Bali.

Coffee exports decline 7.5% in July

Last Updated: Monday, August 31, 2015, 16:04

Coffee prices in international markets are under pressure due to production surplus in Brazil, the world's leading producer.

IMF's Lagarde says restructuring should suffice for Greek debt

Last Updated: Saturday, August 29, 2015, 18:45

A form of debt restructuring rather than outright forgiveness should enable Greece to handle its "unviable" debt burden, the head of the International Monetary Fund was quoted as telling a Swiss newspaper.

US International Trade Commission clears Microsoft of patent infringement

Last Updated: Saturday, August 29, 2015, 03:31

Microsoft Corp avoided a potentially costly setback to its financially-troubled mobile phone business on Friday as the US International Trade Commission declined to block the import of its devices in a longstanding patent dispute.

Savings on oil will help in funding social security schemes: FM

Last Updated: Friday, August 28, 2015, 22:29

India, which imports close to 80 percent of its oil needs, spent about USD 124 billion in 2014-15 on shipping oil.

'India's oil imports dependence may hit 90% in next 2 decades'

Last Updated: Friday, August 28, 2015, 18:00

India imports 79 percent of its oil needs, and spent USD 138.3 billion on the same.

GMR moves to sell Hyderabad hotel property

Last Updated: Friday, August 28, 2015, 15:52

The GMR group as part of its asset light strategy is now looking for buyers for its hotel property at Rajiv Gandhi International Airport here under the Swiss Challenge model, it said in an exchange filing Friday.

Gold holds below seven-week high as dollar, equities recover

Last Updated: Tuesday, August 25, 2015, 09:24

Gold hovered below a seven-week high on Tuesday as equity markets and the U.S. dollar rebounded from a brutal selloff in the prior session that was fuelled by fears over the fate of the Chinese economy.

Jet Airways slashes fares on select international routes

Last Updated: Monday, August 24, 2015, 22:45

In a fresh discounted ticket offer, private carrier Jet Airways Monday lowered its base fares for both business and economy class for travel on select international routes via its overseas hub Abu Dhabi for a limited period.

HDFC Bank says not interested to enter Ahmedabad IFC

Last Updated: Sunday, August 23, 2015, 17:54

Even as its peers make a beeline to open shop at the GIFT City, the country's second-largest lender HDFC Bank has said it is not keen to have a presence in the country's first international finance centre in Ahmedabad.

IMF official says "premature" to speak of Chinese crisis

Last Updated: Saturday, August 22, 2015, 22:38

China`s economic slowdown and a sharp fall in its stock market herald not a crisis but a "necessary" adjustment for the world`s second biggest economy, a senior International Monetary Fund official said on Saturday.